Verge (XVG) price is on a roll to the upside on the second week of April as enthusiasts and cryptocurrency investors especially those within Verge’s community anticipate for the mystery partnership announcement on April 16. The price is up by over 29% on Tuesday 10, although the digital currency continues to drown in rumours and speculation.
The Crowdfunding Campaign
Verge (XVG) has been running a crowdfunding campaign tailored towards the acquisition of a ‘mystery’ partner who they have managed to keep out of the loop for some time now. The community has been through a series of speculations about who the partner would be to an extent of some people dispelling it as hype. However, Verge has landed an angel investor in an entirely new currency referred to as TokenPay who contributed the biggest share achieving the crowdfunding goal.
Consequently, TokenPay, dubbed as the “world’s most secure coin and has been called Bitcoin on Steroids” took care of the largest share of the 66.5 million XVG.
The Mystery Partnership
Before the crowdfunding campaign took off, the Verge team promised to name a mystery partnership with a condition that the fundraising is a success in the slated date. The announcement said, “If our goal is met, we will be releasing the name of the company by Monday, March 26, 2018.”
After achieving the crowdfunding milestone within the set date, the community’s curiosity rose to compel the team behind the privacy-focused currency to reveal the identity of the partner. Therefore, the community announced that it will make the announcement of the partnership on April 16. Speculation is, however, on the rise as the days seem to be months before the announcement is made. Some crypto enthusiasts believe that the partnership might have the involvement of the angel investor, TokenPay.
Impending TPAY and XVG Debit Cards
A tweet from the CEO of TokenPay on April 8 revealed that TokenPay is most probably the mystery partner and had a vision for the collaboration saying “meeting in Munich earlier today for breakfast with key stakeholders of the German bank. A deal in principle has been agreed upon by all parties. We will provide full details at closing, but can say that $TPAY and $XVG debit cards are likely coming soon.”
Verge (XVG) Rumors and Speculations
Aside from the angel investor hinting to be the highly anticipated Verge partner, the community is continuously speculating and wondering who the real partner would be. The lead developer at Verge, Sunerok announced last week that “everybody that’s been in Verge waiting for this is going to be really happy”, and that this would be the “largest cryptocurrency collaboration to ever hit the market”. He added that Verge would also be launching “a global marketing campaign the likes of which you have never seen before”.
Verge (XVG), on the other hand, is enjoying the speculation. In fact, it even added to it by asking questions to trigger the rumours. For instance, an Instagram post from Verge reads, “Who will be the partner of Verge and change the Crypto world as we know it?”
The community responded with some saying it could be a partnership with, Facebook, Amazon, PayPal, eBay or even Wikipedia. This speculation is, however, expected to calm down by April 16 when the final announcement is made by Verge (XVG).